Ranking Top 10 Solar Tracker Firms Worldwide

A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line perpendicular to the surface – between the incoming light and the panel.

There are two kinds of solar trackers: 1. The single-axis solar tracker, which rotates on one axis moving back and forth in a single direction; 2. The dual-axis tracker, which continually faces the sun since it can move in two different directions. This device can also be combined with other panel technologies like parabolic troughs, fresnel reflectors, solar panels, and lenses.

Top 10 Solar Tracker Firms in the World 

1. Nextracker (United States): Nextracker has been the number-one global market-share solar tracker company for several years running, according to research firm WoodMackenzie. The firm claims to have delivered more than 50 GW of smart solar trackers for projects on five continents, including some of the largest solar farms in the world. Their TrueCapture and NX Navigator smart monitoring and control software platforms are highly valued tracking systems.
2. Array Technologies (US): Headquartered in the US, with offices in Europe, Central America, and Australia, the company  has over 28 years of experience in manufacturing robust, reliable, and innovative tracking solutions guaranteed to deliver the lowest cost of ownership. Array Technologies tracking solutions can be used for residential, commercial and utility applications alike.
3. Soltec (Spain): Global manufacturer and supplier of single-axis solar trackers, the company has manufacturing facilities in Argentina, Brazil, China, and Spain. Its SF7 Bifacial collects light both on the front and on the rear side as it captures sunlight reflected from the surface under the solar tracker. With the right conditions, yield will be increased up to 16 percent. Soltec manufactures and supplies cost-effective horizontal single-axis solar trackers.
4. Arctech Solar (China): Arctech trackers are solutions to high returns on investment and make solar projects economically profitable under cost pressure. In particular, Arctech redundancy horizontal single-axis trackers are attractive solutions in terms of profitability and reliability. The standard horizontal single-axis tracker is suitable for relatively low latitude while horizontal single-axis tracker with tilted modules and tilt single-axis tracker are normally used for higher latitude.
5. Convert Italia (Italy): Founded in 1981 as an electrical plant engineering company, the company has since diversified its operations and developed the Single Axis Tracker Convert TRJ, aiming to maximize the energy and the economic efficiency of the pv plant: Up to 25% energy increase with a simplified design at a similar cost to fixed array.Operation of a single-axis is based on the movement of photovoltaic modules on a single North-South axis so as to automatically track the sun’s East-West movement during the day. The backtracking system checks and ensures that a string of panels does not shade other adjacent PV modules.
6. PV Hardware (Spain): Founded in 2011, the company has supplied more than 10 GW to photovoltaic plants operating in many countries around the world. Axone,PVH’s multi-row single-axis tracker, is able to move 20 rows with up to 64 solar panels each one with just one motor. Durable and reliable, Axone helps you optimize the performance of the solar plant from the first day. Monoline is PVH’s single-row solution for large-scale PV plants, able to move up to 90 panels in one row and suitable for bifacial. Monoline is easy to install and requires minimum maintenance, making it the ideal solution for irregular or hilly terrains
7. STi Norland (Spain): A major utility‐scale solar manufacturers of solar trackers and fixed-tilt structures, the company has subsidiaries in Australia, Brazil, Chile, India, Israel, Mexico, South Africa, and the United States, serving the European, American, Middle Eastern, and African markets. It claims that its STI-H1250TM is a highly efficient solar tracker with less than 5 drives and 20 meters of underground pipeline for every MWp installed. Its actuator is said to have a high-performance geared motor with 250 W of power. The STI-H250TM is the first dual-row tracker on the market and allows adaptation to uneven terrain with N-S slopes of up to 10% and unlimited in the E-W.
8. Ideematec (Germany): This firm provides high performance solar tracking systems and claims to have an international track record of over 2.2 GW and more than 12 years experience and 50 patents. The core component of its Horizon L:TEC® is the patented locking technology, offering maximum stability for utility-scale solar installations. The tracker is designed to secure XXL modules and withstand the highest wind loads, protecting solar installations against extreme winds. By pairing the locking mechanism with our signature decouple drive technology, the weight of the system on the drive unit places weight directly into the foundations. This results in a long-lasting strong system.

Future Growth Opportunities in Solar Tracker Global Markets 

The global solar tracker trade comprises of significant markets in North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe. While North America holds the largest share in the market, Latin America and Asia Pacific also account for sizeable chunks. According to a forecast by Fortune Business Insights, Latin America is likely to grow notably in the future due to its rising adoption of renewable sources of energy in many countries, particularly Mexico and Brazil, which has increased the demand for solar trackers.

A recent report by Global Market Insights Inc. on the solar tracker market estimates that the market valuation for the device will cross US $4.5 billion by 2027. The industry’s steady growth owes to the current global drive towards cleaner technologies across the residential, commercial and industrial sectors. The solar tracker industry size was valued at USD 3 billion in 2020 and is expected to record a CAGR of about 5.3% over 2021-2027.

In 2020, photovoltaic systems held 94% share in revenue. As their dominance in the solar tracker market is likely to continue unabated, the demand for single-axis solar trackers is expected to increase at a 5% CAGR through 2027 due to benefits like longer lifespan, high reliability index, and lower cost. The need to cut down household energy bills can be relied upon to increase the installation of solar trackers in residential establishments at a 9% CAGR up to 2027. As per projections, the solar energy industry size is slated to exceed USD 140 billion in terms of revenue by 2023.

Major Indian solar tracker manufacturers include Amberroot Systems, Ephysx Technologies, Greenera Energy India, Hyquip, and Nordic (India) Solutions.